President proposes establishing trade triangle among Pakistan, China & ASEAN

Image

ISLAMABAD: President Dr. Arif Alvi has proposed establishing a trade triangle among Pakistan, China and Association of Southeast Asian Nations (ASEAN) to maximize the quantum of intra-regional business opportunities.

In his virtual address to the 17th China-ASEAN Expo held in China's Nanning city on Friday, he said Pakistan's stable macro-economic policies and ease of doing business offered an attractive market to both China and the ASEAN countries for trade cooperation in diverse areas.

The President said despite the challenge of the Coronavirus pandemic, Pakistan's economy strengthened and its online businesses grew due to implementation of far-reaching economic reforms.

He said we encourage the ASEAN countries and the Chinese businessmen to invest in SEZs as Pakistan's macro-economic policies have changed tremendously with an improved state of ease of doing business.

On exports to ASEAN and China, he said, textiles, food produce including meat and vegetables, surgical goods, minerals and Information Technology could be the prospective areas.

You May Also Like

Image

Political parties committed mistakes now they should forgive move forward: Gul Asghar Khan

ISLAMABAD: In National Assembly on Thursday Gul Asghar Khan of the Istehkam-i-Pakistan Party (IPP) said in his speech all major

Image

Pakistan offers attractive incentives for investment to Chinese entrepreneurs: Ishaq Dar

BEIJING: Deputy Prime Minister and Foreign Minister Ishaq Dar said on Thursday the government under its economic reforms agenda

Image

Asif Ali Zardari ruled out imposition of governor’s rule in KP

ISLAMABAD: Presid­ent Asif Ali Zardari on Thursday ruled out the imposition of governor’s rule in Khyber Pakhtun­khwa, in an attempt